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MARKETING MIX

MARKETING MIX

GENERAL ELECTRIC: SENOGRAPHE 2004

ABSTRACT

The marketing mix is frequently decisive when shaping a product or brand’s distinctive selling point, the exceptional eminence that distinguishes a product from its contenders. GE was at the vanguard of digital technology in the field of mammography, and prolongs this prototype with the prologue of the Senographe 2004. The Senographe 2004 takes the most recent modernizations in digital imaging and unites them with synchronized diagnostic paraphernalia to proffer women global the assistance of faster retorts to prospective life-changing queries.

REFERENCES

www.activexray.com/pdf/ge_SenographeDS.pdf – United States

HYPERLINK “https://www.student.gsu.edu/~wmulford1/digital_mammography.htm”https://www.student.gsu.edu/~wmulford1/digital_mammography.htm

Market Response and Marketing Mix Models by Douglas Bowman and Hubert Gatignon (Apr 23, 2010)

Kotler on Marketing by Philip Kotler (Aug 31, 2001)

Principles of Marketing (13th Edition) by Philip Kotler and Gary Armstrong (Jan 7, 2009)

MARKETING MIX

The marketing mix is a commerce contrivance employed in marketing products. The marketing mix is frequently decisive when shaping a product or brand’s distinctive selling point, the exceptional eminence that distinguishes a product from its contenders. A premeditated blend of the convenient rudiments of a product’s marketing plan generally named as 4Ps: product, price, place, and promotion. These four rudiments are attuned until the accurate amalgamation is established that serves the requirements of the product’s clientele, whilst generating optimal earnings.

4 P’s of MARKETING MIX

Product – A product is perceived as an article that persuades what a customer desires or needs. It is a substantial good or an insubstantial service. Insubstantial products are service based akin to the tourism business, the hotel business and the financial business. Substantial products are those that have a self-determining physical subsistence. A less apparent but omnipresent mass produced service is a computer working system. Every product is interrelated to a life-cycle counting an intensification phase followed by an adulthood phase and lastly an ultimate interlude of decline as sales cascades. Marketers ought to do cautious exploration on how extensive the life cycle of the product they are promoting is expected to be and spotlight their consideration on diverse challenges that crop up as the product progress through every stage. Marketers can inflate the existing product mix by mounting a certain product line’s intensity or by escalating the quantity of product lines. Marketers ought to consider techniques to position the product, techniques to utilize the brand, technique to utilize the company’s resources and how to constitute the product mix so that each product harmonizes the other. The marketer ought to in addition reflect on product development stratagems.

Price – The price is the sum a consumer pays for the product. The price is very imperative as it establishes the company’s earnings and consequently, endurance. Regulating the price has an intense impact on the marketing stratagem, and depending on the price suppleness of the product, frequently; it will distress the demand and sales in addition. The marketer ought to set a cost that harmonizes the other rudiments of the marketing mix. When setting a price, the marketer ought to be responsive of the customer professed worth for the product. Three fundamental pricing stratagems are: market skimming pricing, marketing infiltration pricing and impartial pricing.

Promotion – characterizes all of the techniques of communiqué that a vendor may perhaps employ to endow with information to diverse parties concerning the product. Promotion embraces rudiments such as: promotion, public associations, individual selling and sales endorsement. Advertising envelops any communication that is compensated for, from cinema profitable, radio and Internet announcements through print medium and billboards. Public associations are where the communiqué is not unswervingly remunerated for and comprises press releases, sponsorship arrangements, trade fairs, symposium, colloquiums and events. Word-of-mouth is any actually unceremonious communication concerning the product by common individuals, contented customers or people exclusively affianced to form word of mouth impetus. Sales personnel frequently play an imperative function in word of mouth and public associations.

Place – refers to endowing with the product at a place which is opportune for customers to admittance. Place is identical with allocation. Assorted stratagems such as rigorous allocation, discerning allotment, exclusive allocation and franchising can be employed by the salesperson to harmonize the other features of the marketing mix.

GENERAL ELECTRIC

The Medical Systems allotment of General Electric has a commitment to the medical community to proffer the most recent technological progress in the quickest approach potential in order to promote the furthermost number of people. GE was at the vanguard of digital technology in the field of mammography, and prolongs this prototype with the prologue of the Senographe 2004. The Senographe 2004 takes the most recent modernizations in digital imaging and unites them with synchronized diagnostic paraphernalia to proffer women global the assistance of faster retorts to prospective life-changing queries. Employ of the Senographe 2004 will endow with the patient base with a steadfast outline of concurrent radiological psychoanalysis devoid of the wait that is linked with conventional consequences. With the preamble of the latest product, the Senographe 2004, GE Medical Systems will prolong to leverage its place as the worldwide leader in efficiency, information, and technological elucidations in the healthcare business.

GE’s vision is to develop as a worldwide leader in eminence, efficiency, information & technology elucidations in the healthcare industry. Endowing with advanced products and services conveyed by employees who vigorously congregate promises for the company, clientele and each other. GE’s objective is to again and again elevate the principles of superiority and effectiveness, to endow with the eventual in consumer and patient contentment.

SENOGRAPHE 2004

PRODUCT

The Senographe 2004 is in a distinctive position in that the segment that it will facilitate the majority, explicitly women who have mammograms completed, is not the principal objective of the marketing focal point. While they are an imperative derivative focus, the sanatoriums, broadcasting centers and decision-makers at these conveniences will have the principal focal point of our endeavors. The interpretation following this preference is that the “supremacies that be” at these amenities would be much more sympathetic to product positioning and outlay rationalization dealings in an unswerving approach, rather than through the commendations of patients. The Senographe 2004 will be promoted en route for the early adopters in the marketplace. In conjunction with the early adopters, we will moreover spotlight on the customers that are presently employing analog technology, but are approaching the conclusion of the surrogate for analog paraphernalia and are considering advancement to digital technology. Our endeavors will spotlight on the additional assistance they will obtain from the Senographe 2004. After prologue to the primary market, the loom taken with women in the intended age assortment (40+) will be analogous to that which is utilized by recommendation drug manufacturers. Advertisements highlighting on the assistances of diagnostic competence that is parceled with the screening mechanism will be intended for at this age assembly with the commendation that they confer with their physician for additional information. This advertising will be in the outline of broadcasting and television ads, print ads, and websites in order to capitalize on revelation to information on the Senographe 2004.

PRICING

To capitalize on enduring return on venture in addition to the market share, the Senographe 2004 will have to be commenced with a value pricing stratagem and on an analogous podium as the foremost cohort of GE’s digital mammography paraphernalia. The preliminary price composition will fabricate on the idea that they are proffering a value product which has competences above and ahead of what the market presently has to recommend. This will facilitate shore up the endeavor in speedily intensifying the client base. With augmented worldwide market share, and condensed manufacturing expenses due to economies of scale, GE predicts capitalizing on enduring earnings with this pricing policy.

PROMOTION

Cooperative research with a foremost cancer foundation is the primary stride. This cooperative research endows with the factual world relevance of the new-fangled technology and directs into the aptitude to circulate the consequences in beleaguered Medical Journals. Oncology and breast cancer colloquiums are the subsequent prong of the promotion stratagem. This endows with enslaved addressees where the technology can be established to medical proficient. Teaming up with foremost breast cancer alliances to breed breast cancer consciousness and revealing journalism for doctor’s offices is an effectual technique to breed acquaintance concerning breast cancer and the product to the end consumer. Finally, there are a budding number of breast cancer alliances to aid women in enlightening themselves on revealing and healing, in endowing with achievement stories, and in supplementary resources obtainable to breast cancer patients.

PLACE (DISTRIBUTION)

GE Medical Systems proffers an assortment of techniques to order products. The client has the opportunity of consigning their order by means of a GE sales spokesperson, employing a licensed pre-owned medical paraphernalia dealer, or consigning the paraphernalia that they yearning on-line. Whilst ordering on-line emerges to be a realistic prospect, and specified the actuality that the Senographe 2004 is a novel product and, consequently, could not be pre-owned, we are suggesting that the consumer consign their order through our external sales personnel as a substitute. There are numerous rationales why the sales personnel itinerary is suggested. Initially, the size and intricacy of the machine necessitates a four-day installation progression which will moreover be completed by a GE-recommended setting up service provider or one of the clients’s selecting. An accredited crew is essential due to the electrical, electromagnetic, seismic, formation, and network connectivity qualifications of the paraphernalia. For simplicity of synchronization rationales, employ of the GE Field Engineering Services are suggested as the sales delegate will have unswerving admittance to them. Furthermore, GE’s setting up charges is integrated in the procurement price of the Senographe 2004, while the installation charges of exterior contractors are not enclosed. Second, specified the nature of recently urbanized medical paraphernalia, customers will not be competent to compose the informed decisions indispensable if they wish to procure their paraphernalia in an on-line background. Consequently the counseling services that are endowed with at some stage in visits with the exterior sales personnel endow with indispensable edification concerning the product that they are procuring, as well as a prospect to share information regarding other medical modernizations that may well be of significance to the client. In cooperation the client and the salesperson can take benefit of the pre-existing association between the customer and GE.

Abstract (5)

The Use of Internet by Non-Profit Organizations to Tell Human Stories

Student’s name

Institutional Affiliation

AbstractThis research paper explores the utilization of the internet by non-profit organizations to frame their mandate by using personal stories to shoe the acts of charity and the good work conducted by the organization. 26 non-profits in health charities were used as samples to develop 344 good stories which were coded. Particularly, the study examined the prevalence and prominence of good works on the websites of the non-profit organizations and how these organizations employed other elements including call-to-action, multimedia, and opportunities for the person interacting with the website to participate. The findings reveal that health charity organizations do use their websites to tell stories that illustrate the good work of the organization. Worth noting, there seems to be a great discrepancy in how these organizations tell these stories. Noteworthy, not many organizational websites depicted model examples in prevalence, prominence, and synergy of stories of the great work they do, and most of them failed to utilize their websites as mediums to the maximum potential.

Contents

TOC o “1-3” h z u Abstract PAGEREF _Toc68364985 h 2Introduction PAGEREF _Toc68364986 h 4Statement of Problem PAGEREF _Toc68364987 h 6Research Questions PAGEREF _Toc68364988 h 8Purpose of Study PAGEREF _Toc68364989 h 8Literature Review PAGEREF _Toc68364990 h 9Early Theories in Relation to the Internet. PAGEREF _Toc68364991 h 9Is the Internet Living up to Its Potential? PAGEREF _Toc68364992 h 9Limitations of Previous Research PAGEREF _Toc68364993 h 10Methodology PAGEREF _Toc68364994 h 10Findings and Discussions PAGEREF _Toc68364995 h 12Conclusion PAGEREF _Toc68364996 h 14Recommendations PAGEREF _Toc68364997 h 14References PAGEREF _Toc68364998 h 15

Part AIntroductionThe fundamental goal of non-profits organizations is using acts of charity to improve society. In the 21st century, there is limitless potential in how citizens can contribute to social change beings that communities are evolving faster than before. The non-profit sector is going through unprecedented growth with approximately 1.4 million non-profit organizations existing in the United States and as a result, society is changing for the better (Winand, Scheerder, Vos, & Zintz, 2016). Countless non-governmental organizations have devoted themselves to almost every cause imaginable and have been supported by the support and philanthropic giving of Americans. From improving education for disadvantaged communities to promoting art, from prevailing over poverty to cleaning the environment, the non-profit sector in the U.S provides a diverse and impressive range of programs that help in improving society. The IRS employs core code systems to categorize non-profit charities for purposes of tax exemption. While there are over 26 categories of non-profits, human service organizations comprise a majority type of non-profit organizations accounting for 35% of the organizations. Organizations dealing with education account for 18% of total organizations. Those dealing in healthcare, art, culture, humanities, societal, and public benefit follow closely. Public benefit and human services account for the biggest portion of charities because they serve as ‘cathall categories meaning that they represent a wide array of organizational missions.

The Internet

In the 1990s, Vice President Al Gore popularized the term ‘information superhighway to mean the future of the internet. Since then how the internet exploded is a medium that stands to defy communication advancement in history. A report by the U.S Department of Commerce notes that the rate at which the internet was adopted eclipses all previous forms of technologies; radio took 38 years before reaching 50 million people, TV took 13 years to attain the same benchmark and the internet took only four (4) years to cross that line. The internet has advanced over time and this has led to improved communication. For instance, use of the email for communication is one component that is used by almost all internet users. A recent article by USA Today reported that approximately 87 billion emails are sent on a daily basis (Maier, Meyer, & Steinbereithner, 2016). A fact that is truly astonishing. Emails have proved helpful for many purposes including communicating with family, friends, in businesses and email has proved a significant functionality that has accelerated internet use. Social networking fosters communication and similarly, websites also facilitate two-way communication between audiences and the internet. Compared to other forms of media, the internet is the most dynamic. It is constantly evolving and new facets keep emerging. If non-profit charities want to engage with the audience in the current era, they must employ the ever dynamic and changing communication strategies and tactics. It should be noted that most internet users find it as a useful source of entertainment and information, completely outranking other mediums such as television which is the most common medium of communication. As such, there is a need for non-profits to change their communication strategies so that they employ this medium.

Statement of ProblemHow information technology is employed by the non-profits sector has changed immensely and today almost all have embraced web presence. A survey conducted by Princeton Research Associates in 2001 focusing on 200 human service organizations to examine the prominence of information technology found that most of the organizational executives maintained that adopting information technology not only helped in improving efficiency but also improving their profile and presence within communities and boost communication among staff members and their constituents (Ragsdell, Rathi, Given, & Forcier, 2016). Further, it was found that big and established organizations took up forms of information technology compared to their smaller counterparts. Organizations with web presence noted that their websites came in handy in explaining their missions and in executing their missions and programs. Some of the reasons cited by organizations for not having websites were cost-related, lack of staff, while others said they had more important priorities hence they did not need one.

The adoption of information technology has given rise to a new world of possibility particularly for the non-profit sector. One of the major incentives of this is that it grants the organization a platform to carry out online fundraising. Following the emergence of the e-commerce functionality businesses were allowed to sell services and products using the internet and as such better placed to fundraise online. With the use of secure internet servers, financial transactions are completed online via credit card or electronic transfer. Recent studies by the Philanthropic Giving Index Survey show that non-profits have recently become successful at online donations with 34.4% of not-for-profit organizations being successful at internet fundraising with the average donation being 150 dollars (Shapiro & Oystrick, 2018).

This research paper is focused primarily on the non-profit organizations that employ the internet and particularly their websites to present stories of the people they help. In America, the scope and number of beneficiaries that have benefited from the good deeds of public charities translate into millions. They may include refugees from the Darfur region of Sudan, battered women, pediatric cancer patients, impoverished farmers among others. Non-profits traditionally used personal testimonials to publicize the organization’s mission. Media platforms such as direct mail letters feature photos and stories of beneficiaries moreso, in Africa benefiting from American donations. Furthermore, annual reports with personal testimonials from beneficiaries were also employed. Public relations officers used interviewed beneficiaries for features in television shows and news outlets to enrich organizational support. Today, with the increased uptake of the internet, organizations are incorporating personal testimonials in their websites. Taking the example of CARE International, which is a leading global humanitarian organization in fighting poverty, if a visitor interacts with their website, they immediately get a glimpse of how the lives of numerous girls and women have benefitted from CARE’s programs that fight poverty. One notices that CARE includes links to personal testimonials of women from around the world on the main page. CARE web page features over a dozen anecdotes that depict the impact of the organization on women and children from a global perspective. Further, the website has photo galleries, Flash representations, and short text explanations that depict how the programs benefit pregnant women and malnourished women in places like Malawi, educational initiatives in Cambodia, and refugees in Darfur. In essence, CARE. Org presents its audiences with an opportunity to get to know about their programs by showing rather than telling them the significance of the impact of poverty reduction on a global scale.

Research QuestionsResearch Question 1: Do non-profits only use organization websites to primarily tell stories about the good deeds of the organization?

Research Question 2: To what degree do is multimedia employed by non-profit organizations on their website to tell good stories about the work of the organization?

Purpose of StudyNon-profit organizations need to develop ways to communicate with the members of the public regarding their organizational program, missions, philanthropy, and funding gaps. Given the funding and tight budgets that constrain them, the Internet has the potential of communicating this information to the public with ease. This research assesses how non-profit organizations use the internet as a medium to cultivate relationships with their stakeholders. Particularly it dwells on how non-profits use websites to predominantly feature stories that paint a good picture of the organization including cats of charity and good deeds. However, the variables are in the prominence of these stories of good works, the framing of the story, and the synergy of these stories of good needs with the call to action. This study assesses the way non-profit use the world wide web to bring to the spotlight their philanthropy, an aspect of public relations that is overlooked while studying charity organizations and their uptake of internet technology. Further, the context assesses the way non-profits frame themselves; they make their causes a bit prominent in the way they showcase success stories of their good deeds to stakeholders using the World Wide Web. Non-profit organizations measure their success not by the money in their bank accounts but by the amount of good they have performed in society.

Section BLiterature ReviewEarly Theories in Relation to the Internet.According to Ahmed, (2017), Marshall McLuhan first used the notion ‘the medium is the message’ to imply that the medium is the most important aspect of communication and not the content. Notably, this aspect also applies to the internet even though initially the theory only applied to older electronic media such as television. McLuhan used the theory to explain that electronic media would transform the world into a global village (Algharabat et.al 2018). True to his word, today people are employing electronic media to communicate across the globe. The notion he predicted of a global village has become a reality.

Is the Internet Living up to Its Potential?Many scholars and technology gurus have regarded the internet as a medium with the capacity to make an important impact on how the world communicates (Bake & Zöhrer, 2017). However some scholars have raised questions about the effectiveness of the internet and if it lives up to its potential (Del Mar Galvez-Rodriguez, et. al 2016). Linda Jean Kenix carried out an analysis on the websites of 70 non-profit organizations. Her aim was to explore how practical the application of the Utopian belief that held that the internet is a tool used to democratize interactive capabilities. Kenix developed four ways to describe the democratic, utopian, and egalitarian ideals of the internet. The first category was the deliberative public sphere which engages members of the public in conversations (Bauer, et. al 2016). . The second one is an opportunity for activism which facilitates volunteer opportunities. The third one is space for marginalized voices and the fourth is instantaneous and interconnected information such as online employment information, site indexes, items for sloe, advertising revenue, and frequently asked questions (Erete, et.al 2016).

Limitations of Previous ResearchCarmichael, & McDonough, (2019) note that scholars in communication have carried out extensive research regarding the effectiveness of online communications; however, most of them have always focused on the for-profit sector. Worth noting, although the research has proved useful in understanding internet use and its functions, studies relating to business communications and websites cannot be generalized in the non-profit sector. Communication researchers have started studying internet use as related to non-profits to fill the gap (Gratton, 2018). Further, previous studies were focused on the concept of credibility and intractability of websites. Presently, the studies conducted are different from the ones done in the past in that they assess one notion of websites of non-profits—stories of goof works (Laureano, et. al 2018). Without a doubt, acts of charity and good works form the lifeblood of any organization. Improving society is the reason why non-profits exist hence researchers in communication need to differentiate how organizations communicate their messages to members of the public (Matthews, et. al 2017). There is a need for current research to study the way non-profits use their websites to examine how to fulfill their missions towards society.

MethodologyThe study employed the use of Philanthropy 400 rankings for 2006 as a sampling study. It uses financial data collected for non-profits to know the top 400 that contribute mot money annually. The Philanthropy 400 is categorized according to 17 non-profits types including public broadcasting and international aid organizations. The majority of the 17 subsectors were selected appropriately for use in this study. For instance, 117 universities and colleges were not eligible samples because their websites fail to fulfill the purposes of audiences that do not relate to the good deeds of the organization. Further, other subsectors did not qualify as they were not ideal. They included museums, hospitals, libraries, and public broadcast organizations. Health samples containing health charities were selected for the study. Particularly the selected health non-profits whose mission is to help patients and loved ones in handling diseases, informing members of the public about health issues, and conducting research for cures. The study was limited to one subsector which eliminated extraneous variables which could have altered the results if it were a multi-sector study.

There were 25 organizations in the subsector of health charities. Coders included one website for an additional organization making the final sample size 26. The primary unit of analysis was the non-profit’s home page while the secondary unit of analysis was the page that had the personal story. The stories that were coded were the ones that were found within the first three layers. The number of clicks from the homepage’s location was used to measure prominence and to measure how prominent the stories were, a secondary measure was used. The internet browser window was employed at all times and stories were code in four sizes; more than a page, half a page, quarter a page, and less than a quarter page. The term multimedia was described as including video, color photography, black-and-white photography, audio, and flash presentations. Perspective was determined in personal stories using the use of the first or third person. The focus of each story was examined using text and classified according to facts, statistics, event-oriented, and human interest.

Findings and DiscussionsThis research paper was exploratory. The study analyzed websites of 26 organizations in the healthcare sector and 344 stores of good deeds located within two clicks from the homepage. The data was collected and coded before being analyzed statistically.

No. of clicks Frequency Percent Cumulative Frequency Cumulative Percent

1 12 46.15 12 45.15

2 8 30.77 20 76.92

No personal stories found 6 23.08 26 100

Total 26 100 Table 1: Website sample location of the stories that are most prominent

From the 20 websites that were assessed, most of them placed prominent stories one click from the homepage, accounting for 46.15% or 12 organizations. The remaining 30.77% placed their prominent stories within two clicks from the home page. 23.08% were not coded they did not have personal stories was because their websites did not have any stories of their good deeds or they were found more than two clicks from the homepage.

Size of Story Page Frequency Percent Cumulative Frequency Cumulative Percent

Below ¼ page 10 2.91 10 2.91

¼ page 31 9.01 41 11.92

½ page 40 11.63 81 23.55

Above ½ page 263 76.45 344 100.00

Total 344 100 Table 2: The Prominence of Personal Stories on Organizational Web Page

About how prominent each story on the web page majority of the stories employed over half of the browser window. They accounted for 76.45 percent of the stories. The stories that remained were displayed less prominently with 11.63% taking half a page, 2.91% taking a below a quarter a page, and 9.01% a quarter of the page.

Research question 1 sought to find out if the organizations use their websites to show stories about the acts of good work of the organization. The tables show that non-profits in the health sector show stories about the organizations prominently hence supporting the research question. In fact, most organizations placed personal stories on their web [ages and also placed them in locations that are easily accessible. Research question 2 aimed to find out if and how these organizations use multimedia to tell stories about the good works of the organization. From the findings, 88.77% of the stories had visual elements with 38.77% showing color photographs. 38.24 % used a pull quote with video clips and black and white photography accompanying 12 and 3 stories respectively.

Visual element Frequency Percent Cumulative Frequency Cumulative Percent

Color Photography 145 38.77 145 38.77

Black and white 13 3.48 158 42.25

Video clip 15 4.01 173 46.26

Audio Clip 2 0.53 175 46.79

Fresh Presentation 1 0.27 176 47.06

Pull Quote 143 38.24 319 85.30

Other 13 3.48 332 88.78

None 42 11.23 374 100

Total 374 100 ConclusionNon-profit organizations in the health sector use websites to show stories about their good deeds and acts of charity. There is a discrepancy in the way how these organizations showcase stories of their good work. A given number of organizations gives models examples of prominence, synergy, and prevalence with a call to action of the stories they post on their websites, however, most of these non-profits do not use the medium to its maximum capacity.

RecommendationsThe internet is still in its infancy as a medium, hence communication practitioners continue to encounter a steep learning curve. Despite this, the internet has expanded hence non-profit organizations must strive to keep up with the pace if they want it to continue being relevant. The only way for non-profits to elevate their mission’s salience is to elevate the prominence and prevalence of stories of good work on their websites, calls to action, using visual elements to accompany testimonial stories, and providing opportunities for reader engagement.

ReferencesAhmed, S. (2017). Effective non-profit management: Context, concepts, and competencies. Routledge.

Algharabat, R., Rana, N. P., Dwivedi, Y. K., Alalwan, A. A., & Qasem, Z. (2018). The effect of telepresence, social presence and involvement on consumer brand engagement: An empirical study of non-profit organizations. Journal of Retailing and Consumer Services, 40, 139-149.

Bake, J., & Zöhrer, M. (2017). Telling the stories of others: claims of authenticity in human rights reporting and comics journalism. Journal of Intervention and Statebuilding, 11(1), 81-97.

Bauer, J. M., & Latzer, M. (Eds.). (2016). Handbook on the Economics of the Internet. Edward Elgar Publishing.

Carmichael, C. E., & McDonough, M. H. (2019). Community stories: Explaining resistance to street tree-planting programs in Detroit, Michigan, USA. Society & Natural Resources, 32(5), 588-605.

Del Mar Galvez-Rodriguez, M., Caba-Pérez, C., & López-Godoy, M. (2016). Drivers of Twitter as a strategic communication tool for non-profit organizations. Internet Research.

Erete, S., Ryou, E., Smith, G., Fassett, K. M., & Duda, S. (2016). Storytelling with Data: Examining the use of data by non-profit organizations. In Proceedings of the 19th ACM conference on Computer-Supported cooperative work & social computing (pp. 1273-1283).

Gratton, P. C. (2018). Organization Development and Strategic Planning for Non-Profit Organizations. Organization Development Journal, 36(2).

Laureano, R. M., Fernandes, A. L., Hassamo, S., & Alturas, B. (2018). Facebook satisfaction and its impacts on fundraising: a case study at a Portuguese non-profit organization. Journal of Information Systems Engineering and Management, 3(1), 04.

Matthews, T., O’Leary, K., Turner, A., Sleeper, M., Woelfer, J. P., Shelton, M., … & Consolvo, S. (2017,). Stories from survivors: Privacy & security practices when coping with intimate partner abuse. In Proceedings of the 2017 CHI Conference on Human Factors in Computing Systems (pp. 2189-2201).

Maier, F., Meyer, M., & Steinbereithner, M. (2016). Nonprofit organizations becoming business-like: A systematic review. Nonprofit and voluntary sector quarterly, 45(1), 64-86.

Ragsdell, G., Rathi, D., Given, L. M., & Forcier, E. (2016). Knowledge needs in the non-profit sector: an evidence-based model of organizational practices. Journal of Knowledge Management.

Shapiro, S. J., & Oystrick, V. (2018). Three steps towards sustainability: Spreadsheets as a data collection analysis system for non-profit organizations. Canadian Journal of Program Evaluation, 33(2).

Winand, M., Scheerder, J., Vos, S., & Zintz, T. (2016). Do non-profit sport organizations innovate? Types and preferences of service innovation within regional sport federations. Innovation, 18(3), 289-308.

Business Competition- Antitrust

Business Competition- Antitrust

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Business Competition- Antitrust

Antitrust lawsuits are used to put an end to activities that stifle trade liberalization and the economy, as well as to make amends for people who suffer losses as a result of the occurrence (Sawyer, 1). The objective is to maintain a free, open, and competitive industry. Lawsuits may be brought by both businesses and private citizens. A business’s rivals may file an antitrust lawsuit, claiming that the business used anticompetitive tactics. For instance, a business may participate in behaviors that monopolize a specific sector (Sawyer, 1). A set of customers may also bring an antitrust case if they believe that a trader’s anticompetitive actions caused them to pay too much for a good or service. The chosen company that has been sued for anti-competitive behavior is the Big Four American meatpackers.

On June 24, Sysco Corporation, the biggest foodservice distributor in the world, filed a civil anti-trust lawsuit against the Big Four American meatpackers, alleging that the businesses had fixed the beef prices in a Houston, Texas, U.S. District Court (2). The Big Four are charged with conspiring to obstruct the quantity of cattle killed since 2015 in order to artificially inflate beef prices. Two anonymous meat packing business informants who testified to the Big Four’s conspiracy are cited in Sysco’s case. The CEOs of Big Four argued that the rise in prices was caused by the current inflation and the fluctuation of demand and supply in the market (2). In this case, the Big Four were wrong to fix the prizes of beef and therefore reducing the market for Sysco and other competitors. The consumers were also at the losing end since the beef prices were so high. The profits and sales were getting relatively lower in the beef industry.

Horizontal and Vertical Restraints of Trade

Any conduct that seeks to restrict a group’s capacity to engage in operations is a restraint of trade. Trade restrictions can be categorized as horizontal or vertical. A horizontal restraint of trade involves an agreement among competitors at the same distribution level for the purpose of minimizing competition (Harrington, 3). A good example is an agreement between two retailers on the price of a product. This is because if they sell the product at different prices, the one selling at a higher price is likely to have lower sales. On the other had vertical restraint of trade involves parties at different levels of a market structure for example manufacturers and wholesalers in order to influence competition. Vertical restraint of trade can occur during production, distribution or supply.

Sources

Sawyer, Laura Phillips. 2019. US antitrust law and policy in historical perspective. Retrieved from https://www.hbs.edu/ris/Publication%20Files/19-110_e21447ad-d98a-451f-8ef0-ba42209018e6.pdfIdaho Business Review. 2022. Sysco has beef with the Big Four Meat Packers. Retrieved from file:///C:/Users/user/Downloads/Sysco%20has%20a%20beef%20with%20the%20Big%20Four%20meat%20packers.PDFHarrington, Joseph. 2020. Horizontal and vertical agreements: Differences between the European Union and the United States. Retrieved from http://scindeks-clanci.ceon.rs/data/pdf/0003-2565/2020/0003-25652001007H.pdf